+1 I worked there and deeply regret it. All the bankers there are forced to say good things about it, but talk to UBS alum and you’ll get a honest take of how much the bank is struggling. Analyst 2 in IB - Gen
+1 what does "buy side public credit analyst" mean? If you are a CLO analyst and a mid level this is going to be a tough move (in my experience, easier internally first, then externally) Analyst 1 in IB - Gen
+1 Same boat weewooweewoo
+1 The tutorial system belongs to Oxford. Cambridge’s version is called the supervision system, but most people don’t even know about it. Prospect in IB - Gen
+1 Put yourselves in a more senior persons shoes (analyst / associate / vp). asdf1248
+1 the usage of H1B and STEM OPT visas in some of these groups is so unethical… not sure if still the case, but my group had unofficial policy of hiring 50% international for analysts/Asos. Associate 1 in IB - Cov
+1  literally foreign scab labor depressing wages and working conditions for Americans  Intern in IB - Gen
+1 Like Blair, Piper Sandler tier - HL is a MM volume sweatshop - apparently their restructuring not even that good  Associate 1 in IB - Cov
+1 You kids need to get a life LMAO Amazon Prime
+1 I thought the same as you at your age. I'm 32 now. maybe 3-4x the worth of someone my age in IB, but infinite more stress. Nothing harder than being an entrepreneur and no guarantee earnings will hold.  CEO in PE - LBOs
+1 I'd pay attention to the funds making it to the final round of competitive processes. I work in a top HC group and you'd be surprised at the check sizes that MM funds can write. Intern in IB - Gen
+1 That's super interesting. Thank you for sharing. So it's the intersection of deep research and logical reasoning to develop forecast line items.  rcdlobo01
+1 CIO is Tepper’s nephew. #2 is the Devil’s Investment Analyst in HF - EquityHedge
+1 PE funds have been bifurcated for a while now in terms of fundraising. Software funds that have done well remain fundraising well. Associate 2 in PE - LBOs
+1 why did everyone assume both OP and the advisor were male?  Invalid_CREdentials
+1 Was your family in the US before 1776? If not, under your logic, you shouldn't care about July 4th. If you're in this country and don't want to celebrate the abolishment of slavery, it is very un-American bluebottlesipper
+1 Has anyone been able to get it to work well for actually modeling in excel? Big Chimp Sht 68
+1 Not really necessary in London (imo) unless you're aiming for a boutique or EB bank. Landed plenty of offers without having attended a single one. Yes, doesn't mean you should copy me - but isn't absolutely necessary. Analyst 1 in IB - Restr
+1 Regarding extremely detailed forecasts, I’m not a RX consultant but I’ve heard from people that are that the reason it’s done is because you cannot afford to drop the ball on anything. VP in IB - Restr
+1 I don’t know what you call good health but with the junk I’ve seen eaten it sure as shit isn’t M&A bankers Wacc an Intern
+1 Was a carry amount quoted? Analyst 1 in PE - LBOs
+1 pm can provide guidance - am currently north american undergrad working in London for the summer in_the_trenches
+1 HanlonHave you looked into exposure therapy or CBT specifically for panic disorder?  IsItREPE
+1 Ah yes the adoption of Excel... equivalent to the abolishment of race-based human slavery bluebottlesipper
+1 Reading this thread very late but laughing my ass off. This guy is probably Stern himself with this kind of shilling. Investment Analyst in RE - Comm
+1 Sometimes it sprays when I shit depending on how my stomach is feeling I cant help it. I do a courtesy double flush when that happens Leverage Hero
+1 working 16 hours on a holiday to own the libs... congrats wso Intern in Consulting
+1 Bumping this thread. How has the market been over the past year for OP or anyone else who wants to chime in?  Still steady, or had to pivot on some deals or transaction structure?    WHDC2007
+1 Somehow, the bathrooms I've seen at investment banks have been dirtier than factories with way more employees per bathroom lol m_1
+1 Don’t do FIG. You’re welcome. KageSelly
+1 probably got sent to the gulag based on creditor/debtor words Analyst 2 in IB - Restr
+1 How does carry work, how much can one realistically get each year in realization? Babine
+1 Don't do FIG unless you want to get 0 bitches Partner in IB - Gen
+1 lol you’re going to absolutely hate it as a junior associate IMO — first and second years do like zero critical thinking. biglawbanana
+1 PrivateTechquity 🚀🚀🚀 Pokemon Master
+1 Not really if you’re good and hungry and do as well as someone else. But points against you if you gotta leave early to take care of your kids or whatever and are less “on” or available. sick_willy
+1 I would take a “seat weighted average” here of people’s opinions if you are looking for a job. The jobs that hire the most will require the most modeling from young people. Works at Citadel Investment Group
+1 Wow this is criminal. $85k base with a 14% target for a 3rd year analyst? I know it’s dependent on LOB, but damn. Is it at least in a LCOL or MCOL area, or is comp even across geographical region? Hunky Monkey
+1 Can I DM you? chimpachimpachimp
+1 2nd year analyst in CB here, GTB is front office and the pay is pretty solid, some of my friends got paid similar to me but I don’t know how pay progresses as you become more senior, but it should be solid given you become Analyst 2 in IB - CB
+1 na i heard some other folks got 1st rounds though Analyst 1 in AM - FI
+1 Bull market from March 2009 till early 2020.. some 11 years incl. QE / free money.. then covid madness with stimulus and other catalysts subject to sector (2y), then another bull market from October 22 till .. what.. Director in IB - Cov
+1 played around with Claude (chat, not an excel plug-in) to calculate the unit economics of a very famous private company, using quite detailed instructions. sanjagolovko
+1 What do you think about someone trying to get back into the hedge fund manager space after doing that for a year out of undergrad at a large name, then doing equity research for two years after that? spudrmonke
+1 Agree and no idea why there’s so many negative posts about it - great legacy rep too  Analyst 1 in IB-M&A
+1 Truly over for the 4 cap-cels larry david
+1 ha I did this with one guy and he was pissed but that many is crazy nontargetbrah
+1 Nah, you’re purely a document execution monkey. biglawbanana
+1 TAS for sure. Even if you wanna do MBA, TAS still positions you well for future associate recruiting. TBF, back office people at my bank get zero respect and also might be replaced by AI in future. Analyst 1 in IB - Cov
+1 I would hope that your not throwing up or falling asleep after 11 beers. You don’t necessarily need to drink but what people are antidotally saying is that you should get some cool experiences you can talk about. brownshoes
+1 chimpychimperUnironically excel might have a bigger impact on my life Ah so you’re racist. Congrats on HL - great bank lol bluebottlesipper
+1 why are you lying about your gpa?  Analyst 1 in IB - Cov
+1 AN 2 at BB here (before I get a “congrats on” comment) rolo25
+1 There’s just too many stupid people working in this industry. It’s just straight morons all the way down. larry david
+1 Definitely worth it if you are commited, just keep it lowkey and don't tell your peers. Not uncommon for UMM, MF, or top IB groups to take FT recruits - especially from and EB. nefynance
+1 you dont need to do a full 3 statement model but if you have the time might as well. rel val would be nice, but if you dont have access to bloomberg i dont think youd be expected to have that. ibmayb
+1 imo its truly a mix dependent on your style. ive worked with analysts who have very detailed models with a ton of drivers, full balance sheet, tons of detail. ibmayb
+1 With Insead (or any top US M7 school FT MBA program), you will get interviews given your background. In this market, you will need relevant pre MBA experience - which obviously you have. cabser
+1 Focus on MBA program - more structured recruiting, broader network, and more prestigious degree. You already have a CFA and good work experience.  cabser
+1 Hi friends what is investment banking? TC? Culture? Exits? Prospect in IB-M&A
+1 I'd lean USBC, they have much more balance sheet and they are trying to grow the S&T side.  Some solid people working there who have moved over from bigger firms. Director in S&T - FI
+1 Had processes with CVP, PJT, etc. etc. but somehow it was CIBC's Leveraged Finance team. monkeydonkeys
+1 Isn't it pretty normal to be kept on as an acquired hire? nonu-r
+1 PJT RSSG sure – but focusing on traditional banking, what you said is not accurate.  Associate 1 in IB-M&A
+1 They are not an SM, they are esentially a pod (why they're shutting down). Then you include Jain in there among a bunch of SMs.. MMPM
+1 Harvard = OxfordCambridge = Yale, Princeton, Stanford, MIT Intern in IB - Restr
+1 Go talk to some huzz man. Please. I’m begging you. chadmaxxer
+1 Yeah there are synergies between WM and IB VP in IB - Cov
+1 We refers to other college students like me who have spent their time time trying to recruit into finance instead of tech. Can't be that hard to pick it up Prospect in IB-M&A
+1 LBS by a big margin. HSG is top in Dach, doesn't have the same weight in London as LBS/LSE Analyst 1 in IB-M&A
+1 Get with the program. Play padel. ImagineSisyphusHappy
+1 Same here, except for me it was BNP Paribas... the guy interviewing me started the interview by saying "let's just get this over with quick" and it was a nightmare from there Moronic_Monkey
+1 Bump, curious as well as to why FIG gets hated on Intern in IB - Cov
+1 In the rare times I've encountered this I really don't understand why it happens. It's your place of work. You share your floor's bathroom with the people you work with. Raijin
+1 Lol I was not expecting to see Silent Cal mentioned on a WSO thread. Disagree on the take though, Warren Harding was way less trustworthy than Coolidge, I actually like Coolidge. kiltedlowlander
+1 Go into tech then. lol Monaco Man
+1 all talk no do Analyst 1 in IB-M&A
+1 Ubs is a great place to ruin your career. No need to sugar coat the place Analyst 1 in IB - Gen
+1 The FAANG firms churn engineers at an insane rate. You can pretty much coast to VP in IB fairly easily, FAANGs are much more likely to fire people in year 1. Analyst 1 in IB - Gen
+1 I have not lied at any point at all!  Analyst 1 in IB-M&A
+1 SWE is a terrible career in 2026, it's not 2010 anymore. SWE teams are already shrinking and will continue doing so as AI gets better. Supply of CS grads keep increasing as well. Associate 2 in PE - LBOs
+1 bump grape.ape
+1 Generally have found their people to be dumb and insecure/ arrogant  Associate 2 in PE - LBOs
+1 not my story but a close friend of mine dated a girl whos dad was a md at a bb and broke up after trading up SAoNothing
+1 My company is still looking at multifamily in select markets, most notably SF. We're currently underwriting a low 4's going-in, stabilizing to a low 5 in Y3, and selling at a high 4 after a 10 year hold. Associate 1 in RE - Comm
+1 MF PE or MF PC what type of role was it for your junior summer? Also, I don't think you would be competing with lateral hires as a fresh graduate. Intern in IB - Gen
+1 asmith_1
+1 It might be group/location dependent, but my boy in Seattle pulls that many hours. Intern in IB-M&A
+1 Don't know if this helps, but my rate was always below 5% as a straight Asian non-nepo / diversity without any roots in the U.S.  Intern in IB - Gen
+1 basically 0 chance FI PM. unless you have relevant skillset would stay away from niche muni/structured/em ex corps etc bc no skillset overlap. Research Analyst in AM - FI
+1 Type shit, I’m gonna start using that to cope Amazon Prime
+1 Thanks for the input. For a fresh graduate, would it be wiser to take UBS random coverage groups over Cantor HC or AGC Partners that do deals but lesser in terms of brand name? Intern in IB - Gen
+1 About $3.50 Determined
+1 Cantor for sure Analyst 2 in IB - Gen
+1 Ignore title. I went from CB to product team to buyside credit. Had interviews for DL when I was in CB but didn’t land any and moved to product team first Analyst 2 in IB - DCM
+1 Shaq was playing between 350-400 pounds during the Lakers dynasty at 7’1”. Peak Shaq makes Wemby look like a skeleton. Pokemon Master
+1 Bubble + you have to work with a bunch of bugmen Asian nerds. nontargetbrah
+1 Typical DEI scum. The way she waddled away with the trashcan lmao fitting Xhamster02
+1 At some cost though. Heard the GS IND MDs check the league tables monthly and if they're behind, juniors get cooked on a volume of workload that is just unreasonable. So much pressure from the top. Analyst 1 in IB - Cov
+1 It’s so funny that people want to work more. It’s a federal holiday. You should get it off. I golfed and watched the U.S. game. It was great. I’m in full support of any holidays and days off for myself. Associate 1 in IB - Gen